'https://cholafhl.com
 TIDC India ups capacity
Tube Investments of India
CHOLAMANDALAM FINANCIAL HOLDINGS LIMITED
(Formerly, TI Financial Holdings Limited)
TIDC India ups capacity
 

TI Diamond Chains, of Murugappa Group firm Tube Investments of India Ltd., has increased production capacity at an investment of Rs. 30 crore.

With the expanded facility in Hyderabad, which was inaugurated recently, the company's production capacity for two wheeler automotive chains would go up by 20 per cent, according to a company announcement.

"The expansion will enable TI to meet the growing demand from auto customers, with much higher levels of quality and reliability," said M M Murugappan, Vice Chairman of Murugappa Group and Chairman of TII.